Stratolaunch Systems intends to establish industry partnerships on hypersonic efforts and continue high-speed flight testing activities by September, SpaceNews reported Wednesday.
Read More »John Heller, CEO of PAE, Inducted Into 2019 Wash100 for Securing Major Contracts and Investing in Emerging Technology
Executive Mosaic is pleased to introduce John Heller, CEO of PAE, as an inductee into the 2019 Wash100 “” Executive Mosaic's annual selection of the most influential voices in the government contracting arena “” for securing several major contracts and investing in emerging technology. This latest honor marks the fourth Wash100 Award win for Heller.
Read More »Sparton Gets Patents for Electronic Circuit Protection Method, Switch Mode Amplifier Design
Sparton has obtained two patents from the U.S. Patent and Trademark Office for a switching mode power amplifier design and a method to shield circuits from electromagnetic radiation.
Read More »DynCorp's Gregory Nixon Recognized for Corporate Legal Leadership; George Krivo Comments
Gregory Nixon, chief administrative officer and chief legal officer at DynCorp International, has been named to Savoy Magazine's 2018 list of top influential African-American lawyers. Nixon is one of the lawyers named to the magazine's 2018 Most Influential Black Lawyers list and who were acknowledged for their legal expertise and leadership, …
Read More »Thomas Manning Named Dun & Bradstreet Board Chairman, Interim CEO
Thomas “Tom“ Manning, formerly lead director at Dun & Bradstreet, has been named chairman of the board and interim CEO of the Short Hills, New Jersey-based commercial information provider. Manning's appointment comes after Dun & Bradstreet CEO and Board Chairman Robert Carrigan decided to step down from his roles, the company …
Read More »Tower Int’l CEO Mark Malcolm Named to General Dynamics Board; Phebe Novakovic Comments
Mark Malcolm, president and CEO of automotive structural metal assemblies supplier Tower International, has been appointed to the board of directors at General Dynamics. Malcolm will serve on General Dynamics' audit committee, the company said Wednesday. “With Mark’s experience at the helm of a publicly traded manufacturing company and his …
Read More »DynCorp Picks Tysons Corner for New HQ; Steve Gaffney Comments
DynCorp International will relocate its headquarters to a new site in Tysons Corner, Va. as part of the company’s consolidation and financial management strategies, the Washington Post reported Monday. Marjorie Censer writes nearly 180 workers from its four Virginia facilities will transfer to the Tysons campus and the company plans …
Read More »GeoEye Appoints Gen. Michael P. C. Carns to Serve on the Board of Directors
GeoEye has recently appointed Gen. Michael P. C. Carns to serve on its board of directors. He is now a member of the board of representatives of Cerberus Capital Management, L.P., which provided financing support for GeoEye’s bid on the National Geospatial-Intelligence Agency’s EnhancedView program. “I am excited about serving on GeoEye’s …
Read More »Cerberus to Sell $455 Million Notes to Fund DynCorp Acquisition
DynCorp International Inc. announced today Cerberus Capital Mangement L.P.’s subsidiary, Delta Tucker Sub, will sell $455 million aggregate principal amount of senior notes to assist the funds of Cerberus’ acquisition of DynCorp. DynCorp will assume the obligations once the acquisition is completed, which could occur as early as the end …
Read More »The Faces of Cerberus: Private Equity Bets on Government Contracting
Cerberus Capital Management, one of the largest private equity firms in the United States, jumped into the government contracting industry with both feet by purchasing DynCorp International for $1.5 billion. DynCorp President and CEO Bill Ballhaus said of the transaction, “I believe that under this partnership with Cerberus, DynCorp International …
Read More »ExecutiveBiz’s third annual list of Beltway Game Changers to Watch
This is the year of aggressive competition. Tightening federal budgets, plus the insourcing push, are proving as much. But while many say government contracting is entering a lean, mean next couple years, there’s still plenty of market opportunity. The trick is knowing who’s changing the game “” and setting the …
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